Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

Hannawa Falls, New York Bank Loan

 

 
Loan Census SBA Loan Info

Borrowing Money for Gasoline Stations with Convenience Stores

Looking for loans for gasoline stations with convenience stores? The SBA may be the answer. This $200,000 gasoline stations with convenience stores loan was issued by a New York bank.

This small firm knew how to go about getting a business bank loan. Based in Hannawa Falls, New York, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Nbt Bank, National Association, based in Canton, New York.

SBA Loan Borrower

COMPANY TYPE: GROCERY STORES
HANNAWA FALLS, NY 13647

SBA Loan Lender

NBT BANK, NATIONAL ASSOCIATION
5 PARK PL
CANTON, NY 13617

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5411 - Grocery Stores

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

12/24/2002

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. This SBA loan request did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

We can help you find the best banks for small businesses in Hannawa Falls or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

How to Raise Money

Best Banks for Small Business in Canton, New York

Find an SBA Lender in New York